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Binance to Launch COLLECTUSDT and MAGMAUSDT Perpetual Contracts on December 31

Binance to Launch COLLECTUSDT and MAGMAUSDT Perpetual Contracts on December 31

Binance confirms December 31 launch of COLLECTUSDT and MAGMAUSDT USDT-margined perpetual contracts, each supporting traders with up to 20x leverage and included in a new fee promotion.

USDT

Summary

Binance issued an official statement confirming the December 31, 2025 launch of two USDT-margined perpetual contracts. COLLECTUSDT will start trading at 13:15 UTC, followed by MAGMAUSDT at 13:30 UTC. Both products will offer up to 20x leverage and be part of a new contract launch fee promotion. Copy trading for these contracts will be available 24 hours after launch.

Terms & Concepts
  • Perpetual Contract: A type of futures contract in cryptocurrency trading that has no expiry date, allowing traders to hold positions indefinitely.
  • Leverage: A trading feature that allows traders to control larger positions with a smaller amount of capital, amplifying both potential gains and losses.